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Best Cheap Stocks To Buy Now: 27 Picks Priced at $20 or Less

Best Cheap Stocks To Buy Now: 27 Picks Priced at $20 or Less
gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.

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South Portland-based Residential Mortgage Services to be acquired in $200M deal

By Staff
A San Diego company announced Tuesday it plans to acquire South Portland-based Residential Mortgage Services Inc. for nearly $200 million.
Guild Holdings Co. (NYSE: GHLD), a mortgage lender and servicer with operations in 31 states, has inked an agreement to purchase RMS and expects the deal to close during the third quarter of this year, according to a news release.
RMS is a retail mortgage company with over 850 employees and 70 offices in 14 northeastern states. Besides its South Portland base, the firm has Maine locations in Auburn, Augusta, Bangor, Brunswick, Falmouth and Kennebunk.
Upon completion of the deal, the RMS management team, including President and CEO Jim Seely, would continue to run the business, Guild said in the release. ....

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Analysis: Mortgage vendor IPO woes reflect U.S. housing market peak

Analysis: Mortgage vendor IPO woes reflect U.S. housing market peak
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Analysis: Mortgage vendor IPO woes reflect US housing market peak

Investors fueling an initial public offering bonanza are snubbing many U.S. mortgage providers' stock market debuts over concerns that the sector . ....

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Analysis: Mortgage vendor IPO woes reflect U.S. housing market peak

4 Min Read
(Reuters) - Investors fueling an initial public offering bonanza are snubbing many U.S. mortgage providers’ stock market debuts over concerns that the sector might have reached its peak.
FILE PHOTO: A banner celebrating Rocket Companies Inc., the parent company of U.S. mortgage lender Quicken Loans, IPO is seen on the front facade of the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2020. REUTERS/Brendan McDermid/File Photo
Five mortgage vendors have scaled back or canceled plans to go public in the last four months, as investors flinched at their frothy valuations. This may bode poorly for IPOs by other home loan providers such as Better.com and NewRez. ....

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